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54577 Princess Ave

Elkhart, IN 46514

3 bd 2 ba 2,556 sqft Built 1968 Lot 19,907 sqft single_family
Most recent sale
$337,075
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $337,075 Public Record
Jul 7, 2022 Listed $269,900 MLS #202227634
Jun 17, 2020 Sold $194,000 Public Record
Mar 27, 2015 Sold $154,250 Public Record
Jan 14, 2015 Listed $129,900 MLS #201452341

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $264,900 $39,600 $304,500 $2,192
2024 $247,800 $39,600 $287,400 $2,405
2023 $182,600 $39,600 $222,200 $1,888
2022 $157,900 $39,600 $197,500 $1,970
2021 $120,000 $39,600 $159,600 $1,687
2020 $120,000 $39,600 $159,600 $1,366
2019 $120,000 $39,600 $159,600 $1,355
2018 $84,000 $42,600 $126,600 $996
2017 $80,300 $42,600 $122,900 $976
2016 $81,100 $42,600 $123,700 $970
2015 $80,900 $42,600 $123,500 $786
2014 $75,100 $42,600 $117,700 $969
2013 $75,100 $42,600 $117,700 $1,034
2012 $102,300 $42,600 $144,900 $962
2011 $88,200 $22,300 $110,500 $853
2010 $91,400 $23,300 $114,700 $865
2009 $97,700 $24,700 $122,400 $900
2008 $108,300 $24,900 $133,200 $919
2007 $108,300 $24,900 $133,200 $1,354
2006 $79,700 $24,900 $104,600 $923

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,556 sqft
Lot size
19,907 sqft
ZIP code
46514
City
Elkhart
Street
Princess Ave
Coordinates
41.70139, -85.90638

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,834
Gross rental yield
13.65%
Implied cap rate
8.87%
Trend-extrapolated value

Frequently asked questions

When did 54577 Princess Ave last sell?
54577 Princess Ave most recently sold on Aug 15, 2022 for $337,075.
What is the current tax assessment for 54577 Princess Ave?
The most recent total assessment for 54577 Princess Ave (year 2025) is $304,500 with $2,192 in property tax.
How does 54577 Princess Ave's assessment compare to its last sale price?
The current assessment is 9.7% below the last sale price of $337,075.
When was 54577 Princess Ave built?
54577 Princess Ave was built in 1968.
How does 54577 Princess Ave compare to others on Princess Ave?
We track 4 other properties on Princess Ave. Browse the list under "Other properties on Princess Ave" to compare beds, baths, and sale history.
What are the property facts for 54577 Princess Ave?
54577 Princess Ave is a 3 bed, 2 bath, 2,556 sqft, 19,907 sqft lot single_family.
Is 54577 Princess Ave a flip candidate?
No — 54577 Princess Ave does not appear in our flips dataset.
Is 54577 Princess Ave a tax-appeal candidate?
No — 54577 Princess Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.0%
Implied 1-yr
-16.1%
2026 Q3
$230.4K
2026 Q4
$217.8K
ZIP 46514 — Median Price History + Forecast

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